Ark Restaurants Corp. (ARKR) Message Board

ignored the pumpity pump idiot.

Dont let the door hit you on the way out !

Shorting STEI will lose you money unless you are very lucky and the market corrects before the company gets taken over.

Still, there is maybe $2 of downside max and $4-5+ in upside.

Those arent good odds.

But, then this is all about you being mad because your pay got cut.

day we are still trading at a 155 discount to book value. ???

Yahoo shows book is $5.97. Are they wrong ?

What do you mean by 155 discount anyway ? Dollars ? Percentage ?

The company said they would do a LOT better than they did last year too. So the company has been known to be full of #$%$.

Short sellers tend to be much more savvy than your average retail investor.

And they can HEDGE stocks against other stocks and if their long is going up faster than DGIT, they can maintain the hedge for a long time.

In some ways, this company reminds me of subprime loans. Someone had the brilliant idea that 1000 bad loans is somehow better than 100 bad loans. With DGIT, they apparently made ill-advised aquisitions and already took a huge write off.

Im going to be jumping up & down if & when we get a nice jump.

I just dont think we are going to see a once in a lifetime short squeze here. You might find one if you bet on 1000.

I understand fundamentals. I used them to continue owning TWMC,TUES & RCKY which have all been big winners, long since you sold out for stuff like HTCH ($6 to $1.20), NTZ $3.50 TO $1.77 & FBN. $5+ to .97.
These were "under the matress stocks & forget about them" stocks so you said.

I guess I could have done worse....shorting fed funds futures.

Love the "major corrections" that RCKY has had over the years.

Made my buying low & selling high a lot of fun.

I think it sees $20 before $10 again. Wouldnt rule out $10 again years away but maybe they sell the company this time when it gets to a reasonable value ?

If they sell the company, Im going to be sad. Sure, the immediate premium would be nice. But Id probably make much more trading it over the next 20 years ! Mr Market has been good to me.

Defintions for the mentally handicapped like wetnash:

Definition of 'Mr. Market '
An imaginary investor devised by Benjamin Graham and introduced in his 1949 book "The Intelligent Investor". In the book, Mr. Market is a hypothetical investor who is driven by panic, euphoria and apathy (on any given day), and approaches his investing as a reaction to his mood, rather than through fundamental (or technical) analysis.

Investopedia explains 'Mr. Market '
Investor and author Benjamin Graham invented Mr. Market as a clever means of illustrating the need for investors to make rational decisions in regard to their investment activities instead of allowing emotions to play a deciding role. Mr. Market teaches that although prices fluctuate, it is important to look at the big picture (fundamentals) rather than reacting to temporary emotional responses. Graham is also well-known for his most successful student, multibillion-dollar value investor Warren Buffett.

You've got it. I ignored the other clowns. Short term sallies.

Took a week but we are above $15.50.

$20+ is almost a certainty. Just a matter of time.

Hard for me to see the $2 area but I hope so.